876.04 EXEMPTION SCHEDULE.
   If an exemption request is approved by the Director of Finance, the exemption shall be in force for ten tax years and shall terminate thereafter. The exemption schedule is as follows:
Year
Percent Reduction on Improvement
Year
Percent Reduction on Improvement
1
100
2
90
3
80
4
70
5
60
6
50
7
40
8
30
9
20
10
10
(Ord. 4670. Passed 7-13-94.)